Cogna Secures $15 Million in Series A Funding

Cogna, a London-based AI software provider, has raised $15 million in Series A funding, led by Notion Capital with participation from Hoxton Ventures and Chalfen Ventures. The company's 'service-as-a-software' model aims to automate IT consultancy processes, helping non-technical teams in critical industries such as utilities, manufacturing, and energy to quickly address productivity challenges without needing software development expertise. This funding will enable Cogna to expand its platform capabilities and reach more sectors, aiming to unlock potential in industries underserved by traditional software solutions. Since its founding 18 months ago, Cogna has already partnered with major clients like Cadent Gas and Network Plus, emphasizing its role in enhancing operational efficiency. CEO Ben Peters highlighted the need for precision software technology to address unique challenges faced by traditional industries left behind in the digital revolution. The company aims to streamline operations and improve productivity across various business functions.